Last Updated on
Okay guys it has been long since we spoke about how to buy Bitcoin and altcoins hashing power or sell it with profits. Currently with BTC soar for price this topic is again interesting and loads of people are interested how to do it.
Where to buy Cryptocurrency or Bitcoin Mining Power and Why ?
While BTC is the main and worth the most cryptocurrency there is loads of others coming out almost daily. Some of them are worth more, some less – but they can make profit to both investors and miners. Thats why a lot of people seek for new currencies that are minable, buy hashing power to mine them and get most of them by holding long-term or dump on the market fast. This way you don’t risk having machines, keeping them alive or keeping electricity bills. You choose currency, mine it with somebody others computer or ASIC and sell the coins on the market for profits.
How to do this? You need 3rd party site that will let you hire miners of other people that you can then use to mine at whichever pool you want – and thus mine any currency, with various algorithms. Here comes NiceHash. This service allows you to buy hashing power for loads of algorithms easily and make others work for your money. They have proxies for EU, USA and Asia so wherever you live the mining will be fast and most profitable for the coin chosen.
How to sell hashing power – mine different algorithms and profit from this?
OK, this is the hard part. There is loads of algorithms, many different cards (not only NVIDIA vs GPU) but also their different types + many different CPUs. Sometimes it’s a real headache to get mining running on computers. Even pure windows – unix/linux is another part, where you have to compile everything. If you don’t have time to read loads of threads and seek for various software builds – then simply go for this new GUI miner from NiceHash. All you have to do is run it, let it detect your CPU/GPU, put in your BTC address and hit “start”. You are already mining best algos and taking profit. This is almost foolproof method to start mining – and best one.
Why to Mine or Buy Hashing Power ?
Everybody knows of Bitcoin (almost) or cryptos like LTC/NMC. But still daily there are launches of new currencies that sometimes live for a day or a week but can gain you 100-1000% BTC profit. There are also currencies that raise dramatically in various periods of time or are highly profitable due to difficulty adjustments. It’s really worth to browse those and invest in them if you feel like. This is often better profit than dice sites or sport gambling. So I suggest to read forum or this newsletters, mine the coins and dump on the market for profits. Easiest money possible.
And if you own good mining equipment – just point it to NiceHash and sell – you won’t even have to check what you mine – profits will come.
LIKED THE POST? WHy NOT SHARE SOME LOVE BY A TIP FOR A BEER!
* BTC 197arptA1JLA3NvBz5ci2Ddm8ZhuvdEj38
* LTC Lcy9nsfJeSA5Rvu61xiXPKUH1VyV9hwupL
* DOGE DJcER4WrKUVyuECZCZ2vBWfK2E9d212jcQ
* CLAM xHoC7cVtmn8eEUCoaVNznMQZNgGjxG5qn2